Summary of TMT Transactions
Imara has acted as lead financial advisor on some of the following mandates:
- We were appointed financial advisor to NetOne Cellular (Private) Limited on the US$115 million debt restructure and capital raise in 2012;
- We were appointed by Dandemutande Investments (Private) Limited on the capital raise to rollout the proposed WiMax project in 2009;
- We were appointed joint financial adviser to Econet Wireless Group Limited (“Econet Group”) to provide and effect a revised group structure which would enable the Econet Group to list on the Botswana Stock Exchange and raise capital internationally to fund its planned regional expansion in 2003;
- We were appointed sole financial adviser by the Privatisation Commission, Blantyre Malawi on the privatisation of a controlling equity interest in Malawi Telecoms to a strategic equity partner in 2003. The work involved recommending the optimal method for privatisation, implementation of the divesture method, coordination of international legal advisers at all stages of the transaction, financial and legal due diligence report, identification of potential investors and assessment of their interest, preparation of an Information Memorandum for distribution to prospective investors, intrinsic and relative valuation of Malawi Telecoms amongst other issues.
- We were appointed the sole financial adviser on the reverse listing of Cellular System Limited on the ZSE in 2003;
- We were appointed by Orton Investment Holdings Limited to provide financial advise on the disposal of MIC Africa III BV, holding company of Millicom holder of the first Democratic Republic of Congo mobile license in 2003. The work included a valuation, advise on the structure, timing and tax implications of the transaction, implementation of the structure and preparation of any necessary documents;
- We were appointed financial adviser to Africom International (Pty) Limited in 2002 to advise the company of an appropriate structure for their regional expansion plans;
- We performed an indicative valuation of Skynet (Private) Limited in 2002;
- We were appointed the sole financial adviser on the private placement of Cellular System Limited in 2001. The private placement was successfully concluded which enabled the company to invest in MVNO model;
- We performed a financial due diligence on Uunet Namibia (Pty) Ltd for a potential acquisition by Africa Online Limited in 2000;
- We were appointed sole financial adviser for Africa Online Limited (Kenya) in 2000 on the proposed employee participation scheme;
- We were appointed by RPC Data Limited in 2000 for the acquisition of an IT service company in Botswana;
- We performed a financial due diligence on Samara Services (Private) Limited for a potential acquisition by Africa Online Limited in 1999; and
- We were appointed by CF Tulley Association in 1999 in a disposal of a controlling interest in a Pan-African investor.
